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Canada	3.5%
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England	5%
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Technicals

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GBP/USD Technical Analysis 24 July 2008

The British Pound also descended significantly against the US Dollar from yesterday's top 2.0027 to today's bottom 1.9829, which are the the first resistance and support levels respectively for the currency couple today. If the negative trend continues, next support is expected at 1.9770, followed by 1.9700. In upward direction ... (Today 4:38 AM EST)

UK Retail Sales plunge in June

Retail sales in the United Kingdom have posted in June the largest decline in the last 20 years, reflecting lower sales volume in all sectors, according to data released by National Statistics. (Today 3:42 AM EST)

German Ifo business climate deteriorates further in July

German Ifo business climate index has deteriorated further in July, declining to a reading of 97.5 from 101.3 in June, according to data released by the Ifo institute of economic studies. (Today 3:10 AM EST)

German PMI Manufacturing declines in July; services PMI up

Business activity in the German manufacturing sector has expanded in June, although at a pace sensitively slower than in June, and very close to the contraction area, while services activity has accelerated on the month, according to the preliminary estimates by NTC Economics. (Today 2:38 AM EST)

USD/JPY: The Dollar rallies to a month-high

Dollar has been rallying for two consecutive days to reach a month-high. At this point, Nicole Elliott, senior technical analyst at Mizuho Corporate Bank, advices caution, as the bullish momentum seems to be vanishing: "The strongest daily close in ages and almost the highest this year, clearly above the 200-day moving average, is making ... (Today 2:22 AM EST)

EUR/USD Technical Analysis 24 July 2008

The Euro continued descending yesterday against the US Dollar Tuesday Wednesday's top 1.5797 to the bottom 1.5671, which are the first resistance and support levels respectively for the currency couple today. If the negative trend continues, next support is expected at 1.5600, followed by 1.5535. In upward direction next resistance f... (Today 1:38 AM EST)